Income Tax Assessment (1997 Act) Regulations 2021

CHAPTER 3 - SPECIALIST LIABILITY RULES  

PART 3-30 - SUPERANNUATION  

Division 293 - Sustaining the superannuation contribution concession  

Subdivision 293-D - Modifications for defined benefit interests  

SECTION 293-115.05   PRELIMINARY  

293-115.05(1)    
This Subdivision is made for the purposes of subsection 293-115(1) of the Act.

293-115.05(2)    
In this Subdivision:

accruing member
, of a superannuation fund for a financial year, means a defined benefit member of the fund who is not a non-accruing member of the fund for the financial year.

non-accruing member
, of a superannuation fund for a financial year, means:

(a) a defined benefit member who is a non-accruing member of the fund for the financial year within the meaning of subsections 291-170.04(5) to (8) ; or

(b) a member of the Governor-General Pension Scheme for the financial year, unless (for a member who is the Governor-General) the member commenced office in the financial year.